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The function of ___ is to determine the types of assets needed to acheive the goals of the organization and to determine the best way to obtain the funds needed to acquire those assets. A) debt financing B) asset management C) credit D) finance
The function of 'asset management' is to determine the types of assets needed to acheive the goals of the organization and to determine the best way to obtain the funds needed to acquire those assets.
Expert answered|debnjerry|Points 27119|
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Asked 2/19/2012 9:26:10 PM
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A ___ measures how effectively a firm uses its assets to generate revenue. A) liquidity ratio B) asset management ratio C) leverage ratio D) profibility ratio
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An asset management ratio measures how effectively a firm uses its assets to generate revenue.
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The income statement indicates whether a firm earned a profit or suffered a loss over the past accounting period.
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